ATLASFranklin Income Equity Focus ETF (INCE): outlook, holdings and fees
Franklin Income Equity Focus ETF (INCE) is an exchange-traded fund and is managed by Franklin Templeton, Inc. The expense ratio is 0.28% and the yield is 5.16%. The ten largest holdings are 23% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on INCE
| Last price | $69.07 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 61% |
| Likely 1-month range (50%) | $68.47 – $70.46 |
| Normal 1-day range (±1σ) | ±0.5% |
| Distribution yield | 5.16% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
INCE fund facts
| Issuer | Franklin Templeton, Inc |
|---|---|
| Theme | Other strategies |
| Assets under management | $358M |
| Expense ratio | 0.28% |
| Number of holdings | 34 |
| Inception | Sep 20, 2016 |
| Exchange | NYSE |
Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities, and in derivatives and other instruments that have economic characteristics and provide investment exposure similar to equity securities. It may invest up to 50% of its assets in equity-linked notes (ELNs).
INCE top holdings
| Holding | Sector | Weight |
|---|---|---|
| Chevron Corp CVX | Energy | 3.54% |
| Verizon Communications Inc VZ | Communication Services | 2.66% |
| Procter & Gamble Company PG | Consumer Defensive | 2.61% |
| PepsiCo Inc PEP | Consumer Defensive | 2.22% |
| Southern Company SO | Utilities | 2.29% |
| Lockheed Martin Corporation LMT | Industrials | 2.10% |
| Duke Energy Corporation DUK | Utilities | 1.90% |
| Medtronic PLC MDT | Healthcare | 1.92% |
| U.S. Bancorp USB | Financial Services | 1.75% |
| Philip Morris International Inc PM | Consumer Defensive | 1.64% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
INCE sector breakdown
| Sector | Weight |
|---|---|
| Utilities | 15.9% |
| Consumer Defensive | 15.5% |
| Healthcare | 14.1% |
| Financial Services | 13.7% |
| Energy | 11.9% |
| Industrials | 11.5% |
| Technology | 5.5% |
| Communication Services | 4.6% |
| Basic Materials | 3.8% |
| Consumer Cyclicals | 3.6% |
By region: North America 93.7%, Europe Developed 4.3%, United Kingdom 2.0%.
INCE returns and risk
| Year to date | +13.4% |
|---|---|
| 1 year | +18.8% |
| 3 years (annualised) | +16.0% |
| 5 years (annualised) | +11.1% |
| 10 years (annualised) | +13.4% |
| Volatility (3 years) | 10.5% |
| Sharpe ratio (3 years) | 1.10 |
Past returns do not guarantee future results.
INCE: frequently asked questions
What does INCE invest in?
Franklin Income Equity Focus ETF invests in a portfolio of securities. Its largest holdings are Chevron Corp (3.5%), Verizon Communications Inc (2.7%), Procter & Gamble Company (2.6%), PepsiCo Inc (2.2%), Southern Company (2.3%).
What is the INCE expense ratio?
0.28% a year: about $28.00 for every $10,000 invested.
What is the INCE dividend yield?
5.16%. ATLAS does not hold the exact distribution dates for ETFs.
Will INCE go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 61%, with a likely range (50%) of $68.47 to $70.46 from $69.07 today. It is a probability, not a prediction.
How has INCE performed?
Year to date +13.4%, one year +18.8%, three years +16.0% a year, five years +11.1% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer